Urban Economics and Real Estate: Theory and Policy / Edition 2

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This Second Edition arms real estate professionals with a comprehensive approach to the economic factors that both define and affect modern urban areas. The text considers the economics of cities as a whole, instead of separating them. Emphasis is placed on economic theory and empirical studies that are based in economic theory. The book also explores the policy lessons that can be drawn from the use of economics to understand urban areas. Real estate professionals will find new coverage of urban areas around the world to provide a global perspective.

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Product Details

  • ISBN-13: 9780470591482
  • Publisher: Wiley
  • Publication date: 3/29/2010
  • Series: Wiley Desktop Editions Series
  • Edition description: New Edition
  • Edition number: 2
  • Pages: 560
  • Sales rank: 1,284,615
  • Product dimensions: 8.20 (w) x 10.00 (h) x 1.00 (d)

Meet the Author

John F. McDonald is currently at Roosevelt University,Chicago, as the Gerald W. Fogelson Distinguished Chair in R.E. JohnMcDonald was Emeritus Professor of Economics and Finance at theUniversity of Illinois at Chicago. He holds a Ph.D. in Economicsfrom Yale University. At UIC he has served as Professor ofEconomics and Finance, Founding Director of the Center for UrbanReal Estate, Senior Associate Dean for Academic Affairs andResearch, and Interim Dean of the College of BusinessAdministration. Other positions held include Research Director atNCI Research, and Adjunct Professor of Economics in the GraduateSchool of Business, University of Chicago. Well known for hisresearch in urban economics and real estate, he is listed in Who'sWho in Economics and is author of seven books. He currently servesas editor of the Journal of Real Estate Literature.

Daniel P. McMillen is a professor of economics at theUniversity of Illinois at Urbana-Champaign. He has held anappointment at IGPA since 2002. His research interests are urbaneconomics, real estate, and applied econometrics. He is editor ofthe journal Regional and Urban Economics, and has served on theeditorial boards of five other journals. In 1998 and 1999 he servedas the chair of the Department of Economics at Tulane University.In 1998, he was a research fellow for the Center for Urban RealEstate and Land Economics at the University of British Columbia. Hereceived his Ph.D. from Northwestern University in 1987.

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Table of Contents

Part I: Economics and Urban Areas.

Chapter 1. Introduction to Urban Economics.

Chapter 2. Schools of Thought in Urban Economics.

Chapter 3. Location Decisions, Agglomeration Economies, and theOrigins of Cities.

Chapter 4. The Economic Functions of Cities.

Part II: Location Patterns in Urban Areas.

Chapter 5. Introduction to Urban Location Patterns: StaticAnalysis.

Chapter 6. Using the Monocentric City Model.

Chapter 7. Empirical Testing of the Moncentric City Model.

Part III: Urban Housing and Real Estate.

Chapter 8. Housing in Urban Areas.

Chapter 9. Housing Policy in the United States.

Chapter 10. Real Estate Law and Institutions.

Chapter 11. Real Estate Markets.

Chapter 12. Real Estate Development and Investment.

Part IV: Government in Urban Areas.

Chapter 13. The Public Sector in Urban Areas.

Chapter 14. Urban Transportation.

Part V: Urban Social Problems.

Chapter 15. An Overview of Urban Social Problems.

Chapter 16. Urban Poverty and Its Spatial Concentration.

Chapter 17. Crime in Urban Areas.

Chapter 18. Education, Labor Markets, and Migration.

Part VI: Urban Growth.

Chapter 19. Models of Metropolitan Economic Growth.

Chapter 20. Agglomeration Economies, Technical Change, and UrbanGrowth.

Chapter 21. Economic Development Policies for Urban Areas.

Appendix: A Review of Some Mathematics and MicroeconomicTheory.

Answers to Selected Exercises.


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